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000 A000000 06/30/97
000 C000000 706453
000 D000000 N
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000 F000000 Y
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000 J000000 A
001 A000000 MANAGED ASSETS TRUST
001 B000000 811-3568
001 C000000 2128166550
002 A000000 388 GREENWICH STREET
002 B000000 NEW YORK
002 C000000 NY
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008 A000001 SMITH BARNEY
008 B000001 S
008 C000001 801-3389
008 D010001 NEW YORK
008 D020001 NY
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008 A000002 TRAVELERS ASSET MANAGEMENT INT'L CORP.
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<PAGE> PAGE 2
011 C010001 NEW YORK
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013 A000001 COOPERS AND LYBRAND LLP
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<PAGE> PAGE 3
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022 C000008 0
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022 D000009 4268
022 A000010 CHASE SECURITIES
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000706453
[NAME] MANAGED ASSETS TRUST
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1997
[PERIOD-END] JUN-30-1997
[INVESTMENTS-AT-COST] 167,978,548
[INVESTMENTS-AT-VALUE] 208,442,690
[RECEIVABLES] 2,076,431
[ASSETS-OTHER] 229
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 210,519,350
[PAYABLE-FOR-SECURITIES] 1,408,138
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 114,889
[TOTAL-LIABILITIES] 1,523,027
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 156,846,314
[SHARES-COMMON-STOCK] 12,474,281
[SHARES-COMMON-PRIOR] 12,594,215
[ACCUMULATED-NII-CURRENT] 3,725,600
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 7,886,167
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 40,538,242
[NET-ASSETS] 208,996,323
[DIVIDEND-INCOME] 1,053,145
[INTEREST-INCOME] 2,608,814
[OTHER-INCOME] 0
[EXPENSES-NET] 625,608
[NET-INVESTMENT-INCOME] 3,036,351
[REALIZED-GAINS-CURRENT] 4,315,175
[APPREC-INCREASE-CURRENT] 14,861,248
[NET-CHANGE-FROM-OPS] 22,212,774
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 206,135
[NUMBER-OF-SHARES-REDEEMED] 326,069
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 20,385,842
[ACCUMULATED-NII-PRIOR] 689,249
[ACCUMULATED-GAINS-PRIOR] 3,570,992
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 486,500
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 625,608
[AVERAGE-NET-ASSETS] 196,402,457
[PER-SHARE-NAV-BEGIN] 14.98
[PER-SHARE-NII] 00.24
[PER-SHARE-GAIN-APPREC] 01.53
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 16.75
[EXPENSE-RATIO] 00.64
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
